$2,000,000
$200K PRICE DROP

S N 3 Unit LotWP001 Milroy, IN 46156

Estimated payment $13,046/month

Total Views 9,743
182 Acres
$11,017 Price per Acre
7,907,882 Sq Ft Lot

About This Lot

This property offers very productive tillable acreage with income, tremendous whitetail hunting (a recent harvest was a buck over 200" gross score), over 3,000 feet of riverfrontage, and great timber investment! The approximate acreage breakdown is +/- 130 FSA tillable acres and +/- 51 wooded/extra acres. The farm is set up with +/- 2/3 of the tillable portion on the top and +/- 1/3 tillable in the bottom and wooded fingers with ridges and ravines mixed in between. The average NCCPI score is 74.59, WAPI for corn is 137.92, and WAPI for soybeans is 48.27. The owner receives nearly $30,000 annually in income from the tillable portion, with tenancy open for the 2026 growing season. The wooded portion of the property offers a future investment opportunity. Out of the +/- 51 of wooded/extra acreage, approximately +/- 31 acres consist of dense black walnuts ranging in age and size. Other mature hardwoods are mixed in, but the black walnut is the shining star. The understory is diverse and provides cover for wildlife but is not full of invasive species like many woodlots in Eastern Indiana. With some good timber management, this section could pay high dividends later on down the road. The ridges and ravines create perfect travel corridors for whitetail and great hunting opportunities. The current owners have harvested some great bucks, including one over 200"! Genetics play a crucial role in opportunities for trophy-class deer, and this property has them! There are 2 gas wells on the property. The southeastern border of the property is +/- 3,000' of Little Flat Rock River. Potential new opportunities coming soon from the Rush County NRCS could pay you as an owner to create wildlife habitat and earn income on the bottom land acreage that is close to or even above the current rent values. Contact the listing land specialist to hear these details or inquire further about this opportunity.

Listing Agent

Tyler Fritz

Whitetail Properties Real Estate Listed on: 02/12/2025

Whitetail Properties Real Estate
Listing Provided By

Property Details

Property Type

  • Land

Lot Details

  • Waterfront
  • Current uses include hunting/fishing, timber

Utilities

  • Gas Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Office Phone: 219-242-2701
  • Listing Website: https://www.land.com/property/181.54-acres-in-rush-county-indiana/22617563/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Waterfront: True

Lot Info

  • Current Use: Hunting/Fishing, Timber
  • Lot Description: Waterfront/Riverfront, Waterfront/Lakefront

Multi Family

  • Utilities Available: Gas Avail. On Site

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2025 07/24/25 Price Changed $2,000,000 -9.1% --
02/12/2025 02/12/25 For Sale $2,200,000 -- --